
NZ billionaires lose ground on Forbes list
Mexican tycoon Carlos Slim has once again topped the annual Forbes Billionaires List, while New Zealand's three richest people have all dropped places.
Mexican tycoon Carlos Slim has once again topped the annual Forbes Billionaires List, while New Zealand's three richest people have all dropped places.
Market players are anticipating strong demand for the Government's partial float of Mighty River Power.
Retailer Postie Plus is again in talks with its bankers as it prepares to announce a "substantial loss" to the market.
Looks like details of the long-awaited Mighty River Power float are set to be released on Monday with the Government raring to go after receiving the all clear from the Supreme Court.
Carl's Jr operator Andy Puzder says he is proud to bring good quality food and service to poorer areas - and at 63 he still eats plenty of his firm's burgers.
Court told Williams used shareholding to override general manager
There are no simple solutions available to the Reserve Bank to deal with a New Zealand dollar that is significantly overvalued, says governor Graeme Wheeler.
The exchange rate is too high, Reserve Bank governor Graeme Wheeler says, but there are no simple solutions available to the bank to lower it.
Commercial property yields across Auckland have shown the strongest drop across New Zealand over the past year.
Adam Smith, the Enlightenment thinker who invented the idea of the free market, was an incisive economic commentator.
Fletcher Building chief executive Mark Adamson could slice costs by $75 million, as the construction giant tries to pare back spending to bolster its bottom line.
New Zealand shares dropped as institutions sold stocks to participate in a placement in Auckland Airport.
Investors in the frozen Hubbard Management Funds will get all of their capital back.
The Reserve Bank is grappling with the prospect of a property bubble emerging from the current low interest rate environment.
ANZ's Truckometer rebounded last month, but suggests the economy is not off to a strong start this year.
Telecom has announced it will review its email service following a "series of issues" over the last year, including recent email attacks on Yahoo Xtra customers.
Could 2013 be the year in which our local capital markets shake off their past fragility and see the return of hard-working Kiwi investors? I hope so.
Telecom has admitted the Yahoo Xtra email service has been hacked as hundreds of customers continue to receive spam mail, some from dead relatives.